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20121202
20121210
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Search Results 0 to 15 of about 16 (some duplicates have been removed)
they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes that i think make sense and would get us to a deal. raising the retirement age, dealing with change the inflation formula so the programs aren't spending so much out over time. if president obama is interested in reforming entitlements which he says he is but he never specifies what it would be. all he has to do is call up mitch mcconnell and say i think these are good ideas, let's sit down and they would happen. republicans would take those immediately. >> that's how you think republicans should lead, they should wait for a call from the president? not go on tv but make an actual offer? >> specific changes on entitlements. if the president is in favor of changing entitlements, all he has to do is say i agree these are changes we have to make, let's do them. >> have they made that offer to the white house? >> mitch mcconnell is out there every single day. they passed a budget with major entitlement reform that would get u
that mitch mcconnell actually filibustered his own bill. [ laughter ] >> stephanie: yes, that was great. harry reidy thidthld boxer - - >> yeah harry reid boxed him into this. it's hysterical. >> stephanie: what is the boxing thing -- >> rope a dope. >> stephanie: yes, exactly. where is my story on this -- talk amongst yourselves. >> oh, okay. >> stephanie: he thought he was being so smart. i'm moving slowly -- >> look out, here it comes. >> do you need me to print it? >> stephanie: no i got it. >> oh no. what am i going to do now. >> stephanie: it was further down in the stack than i had anticipated. [♪ "world news tonight" theme ♪] >> stephanie: yes, he filibustered his own bill to lift the debt ceiling. instead they called his bluff and he ended up filibustering his own bill. ♪ you are an idiot ♪ >> stephanie: the legislation would permit the president to unilaterally lift the debt ceiling, and never before in our history has someone taken the debt ceiling hostage as something to negotiate over. >> right. >> stephanie: mcconnell brought up the legislation, h
with mitch mcconnell, essentially fill lee bust sistering his own bill. he says it has to guarantee that there won't be another debt ceiling crisis. but could that be where we're headed? >> well, it's certainly possible. it would be a terrible outcome and i think you're hearing business leaders weigh in and say, we don't want to go through this debate only to be followed by another big fight over the debt limit. and we just can't afford every year, every 18 months to have a debate about whether we honor the full faith and credit of the u.s. government. that's no way to run the country. >> what do you think the chances of that happening? >> it's possible. one of the things that the republicans might get as part of this package is another opportunity to make their case around the debt ceiling. but there ought to be some limit on it and i like the president's proposal that basically requires a two-thirds vote to overcome the president's decision to raise the debt. that still gives members a chance to weigh in, still requires a vote on the debt limit. it doesn't let lawmakers off the ho
for someone like mitch mcconnell, he can with his own reelections coming up not have the counterweight of jim demint's considerable presence within the chamber. so there are some interesting aspects of this. it may also be good for the party, let's jump ahead a bit and the governor of south carolina, nicky haley, gets to appoint interim senator. might she choose someone who is also full of his tea party credentials, tim scott, a second-term about to be member of congress who is also african-american? you can make history by having the first african-american senator from south carolina. there is no african-american in the senate at present. so that might be a way to benefit the party as well. so there are lots of ways to look at this. certainly jim demint has done something he's quite good at, making headlines. >> kelly you, read my mind. chuck, do think the politics of the appointment, nikki nailly will make an appointment. tim scott, african-american tea party credential. demint made clear in private to folks in south carolina that's who he wants. walk us through politics of an appointment a
authority to raise the nation's debt ceiling all on his own for the most part. mitch mcconnell, the republican leader, offered up the opportunity for the senate to have a vote on that. democrats said they would love to take him up on that. they say they have the votes to pass it at a 50-vote threshold. just within the past couple of seconds, mcconnell has said, no, in fact what he wants to see is a 60-vote threshold for that. it looks like that's not going to happen today. it almost happened just within the past couple of minutes but now with a 60-vote threshold the democrats don't have the vote to pass the new authority for the president to raise the nation's debt ceiling on his own. so not happening today but it gives you a sense of the fainting going on in the capitol as both parties jockey for position. earlier today mitch mcconnell was on the senate floor continuing to hammer away at president obama. >> what the president's really interested in, as we learned just yesterday, is getting as much taxpayer money as he can first by raising taxes on small business that he belie
: did you see mitch mcconnell said he burst out laughing at the president's proposal. somebody sent me a picture of a galapagos turtle. >> i'll have the last laugh. i'll live to be 370 years old. >> stephanie: okay. federal spending is rising at the slowest pace since dwight eisenhower brought the korean war to an end. >> meaning it is rising at the fastest pace. ever! >> just by way of comparison, in the twine fiscal year, the last of george w. bush's presidency, the fiscal year goes -- federal spending rose by 17.9% from the 2.98 trillion to 2.52 trillion. in fiscal 2010, the first budget under obama spending fell 1.3% to $2.36 trillion. >> you say that like it's's good thing. i'm flabbergasted. >> who uses the word flabbergasted anymore? >> stephanie: john boehner. >> cracky. >> stephanie: the big surge in federal spending happens in fiscal 2009 before obama took office. the 2009 fiscal year which republicans count as part of obama's legacy isn't that handy? brought on by george w. bush. >> flabbergasting
this issue off the table and show leadership. you found that mitch mcconnell, the senate minority leader, has criticized john boehner. john boehner should not be concerned about losing his job. he should be concerned about doing his job. his job is that of the american people. i do not want to get caught up in the sound bites. at least bring some kind of leverage, some kind of balance to this crisis. host: "in new york times" this morning -- guest: what does he have to negotiate? there are three options. you could allow the tax cuts to expire december 31. you can cancel some or all of the tax increases and spending. that would accelerate a dive back into a great recession or depression. in the first quarter, we would have very little difficulty in distinguishing ourselves from the crisis that is in gulf and europe and especially greece. the other thing we could do is come to a midline course of action where you could actually -- what can you minimally due to cut spending? what can you minimally due to have shared sacrifice so everyone is sacrificing something in this game? the other thing we
criticism. mitch mcconnell wouldn't publicly endorse boehner's plan, while jim demint says it would destroy jobs. at the same time, the kkr co-chairman and ceo henry kravis says uncertainty is the main reason why investing isn't happening right now. he says many companies are rushing to close deals before the end of the year, concerns about whether the capital gains tax will rise. he says the fiscal cliff shouldn't be a big issue, and if businessmen got into the room they could solve the problem much faster than congress. >>> adding his tuppence, he says they'll have to get used to it and the fiscal cliff is one of the reasons. >> we have structural influences that speak to the deleveraging, speak to aging demographics of the boomers, that speak to globalization and technology, all of which have been labor and job unfriendly. >> joining us with his views, the senior european economist at jeffries international. before we talk about europe, i'm just wondering if bill gross is right there, what kind of impact is that going to have for everybody else? >> well, in terms of the fiscal cliff, it
? >> stephanie: we think both mitch mcconnell and john boner want to turn pour people into mulch. >> they probably do. >> there goes jacki hitting the pages of news busters. >> stephanie: here she is the incredibly biased, jacki schechner. >> good morning, everybody. the governor has signed the law that makes gay marriage legal. close to 54% of voters in november backed the ballot measure that reaffirmed a state law that passed earlier this year, the first offices opened at 12:01 am and in two counties they are starting to issue licenses. by 10:00 pm dozens of couples were already lined up. the state has a three-day waiting period. same-sex couples who were married in another state do not have to say their vows again. couples in maryland also can start getting their licenses today, but the date on the licenses will be january 1st. the law in maine will kick in december 29th. also today in washington state anyone 21 and over can carry up to an ounce of marijuana. but cannot smoke it. it is unclear how federal authorities will deal with the decriminalization o
voted for, for mitch mcconnell to say he burst out laughing, and john boehner to say he was flabber -- flabbergasted it is incredible. >> essentially they come up with a status quo proposal. >> stephanie: right. and the status quo that just lost. >> yeah, they are status quo, and that -- so that won't work. >> stephanie: representative what -- is nancy pelosi -- are we going -- is she going to put that forward this week in the house? the voting on the middle class tax cuts? >> absolutely. we have a discharge petition that's being filed at noon, almost as we speak, in an hour three quarters it will be put forth and congressman walsh from minnesota and myself will sign it, and we'll ask other democrats to sign it and i hope the republicans will sign it. essentially what it says is take up the senate bill. we all agree that the middle class tax cuts should be continued. let's do it. and we'll see. >> stephanie: right. >> the republicans instead essentially are acting as if -- if there's a cliff, there's a way to not go over it by doing everything except what the p
proposed. thanks, everybody. >> republican senate minority leader mitch mcconnell also talked about the so-called fiscal cliff on the floor of the senate. >> when the two parties were set down to discuss the so-called fiscal cliff, it was widely assumed by republicans that obama and democrats badly wanted to avoid it. that was the premise that any possible agreement hedged on. that was the common goal, or so we thought. of the past couple of weeks, it has become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats including the president seemed part perfectly happy to go off the cliff. that is why the president has been more interested in campaign rallies and actually negotiating a deal. it explains why the president is now stubbornly insisting on raising tax rates when he himself said just last year that you could raise more revenue from capping deductions and closing loopholes. them or balance. it's about an ideological campaign that most americans thought would have ended on november 6, and that's also why the president sent secretary gei
where it's going to come from. well, david does. but the speaker and mitch mcconnell are speaking very vaguely about revenue. they're not talking about specific revenue, where it comes from, they're not talking about specific cuts. they're simply saying, we're willing to raise revenue. well, that's great. why? what the president did this last week is he put a plan on the table and say, here is my plan. if you have a better plan, i want to see it. right now, wa he's doing, he's shadow boxing. they're saying things rhetorically, but they're not putting any specific -- >> it's december 3rd. >> it's december 3rd. >> but my concern is, the president put a big number on the table with regard to taxes and a small new number on the table with regard to spending. we are mixing things. we have to avoid the fiscal cliff, do a meaningful down payment on spending and taxes, build a bridge to a grand bargain. the big deal is going to be done next year. this year, the objective ought to be in the short-term reduce the deficit for next year and our long-term goals, baselines are gains. they could be m
on the debt ceiling. mitch mcconnell has something out there from the middle of 2011 that's a potential compromise, where you don't have the fight about the debt ceiling every time the president proposes it. congress can with 2/3 override it and the republicans can maybe say they're not happy with the progress or maybe you have triggers along the way so you don't have the debt ceiling fight every time as long as the expense agreement cuts that have been reached are hit along the way. there's a potential compromise on that one as well. it's a very important topic and it's not going to get done if both side don't walk away. >> neither side can do this by themselves. >> no. >> both of them can go over the cliff. >> but neither side can reach an agreement. >> with real consequence. >> i know. but even howard dean said we might have a recession, but it would be worth it because we'd finally clear the debt. >> i'd like to see some real math. "the washington post" laid out that tim geithner i think is a great guy, but $44 billion in his savings that he found was just because they pushed a paym
Search Results 0 to 15 of about 16 (some duplicates have been removed)